About Coditation Systems Private Limited
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Coditation Systems Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 03 May 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2011PTC139406. Its GSTIN is 27AACCI6458F1ZG (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Icloudstream Technologies Private Limited. It is led by directors including Pranjali Pankaj Deshpande and Adish Dhananjay Katkar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Pune, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.96 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹2.27 Cr (net margin 11.4%) and EBITDA of ₹3.22 Cr (EBITDA margin 16.1%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 17% over five years.
The company has about 91 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Coditation. As per MCA filings, the company has open charges of ₹55 Lakh on record. The company has 3 deals on record (3 secondary share transfers); the latest was in October 2021. Its 10 peer companies in the same principal business activity (Computer programming, consultancy and related activities) are compared by revenue, 5 larger and 5 smaller; the largest is Kambala Solutions Private Limited with revenue of ₹20 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website coditation.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressFlat No 901 9th Floor Kapil Abhijat E – Wing Dahanukar Colony, Kothrud, Pune, Maharashtra, India – 411038
- IndustryInformation Technology, IT Consulting & Support Services
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Coditation Systems Private Limited
The main business activity of Coditation Systems is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Coditation Systems Private Limited FY 2025 filings available
Coditation Systems Private Limited reported revenue of ₹19.96 Cr (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Coditation Systems Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 9% growth in the latest year. EBITDA rose 18% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Coditation Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.22 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.27 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Investments | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Coditation Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 11.4% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Coditation Systems are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Coditation Systems Private Limited
Coditation Systems Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kambala Solutions Private Limited | ₹20 Cr (FY 2025) | •••• | •••• | 45.0% | •••• | Mangalore, Karnataka, India |
| Zolon Tech Ltd | ₹19.99 Cr (FY 2024) | •••• | •••• | 18.0% | •••• | Shaikpet, Telangana, India |
| Donyati India Private Limited | ₹19.99 Cr (FY 2024) | •••• | •••• | 83.0% | •••• | Bangalore, Karnataka, India |
| Zyxware Technologies Private Limited | ₹19.97 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Thiruvananthapuram, Kerala, India |
| Infonovum Technologies Private Limited | ₹19.97 Cr (FY 2024) | •••• | •••• | -20.0% | •••• | Chennai, Tamil Nadu, India |
| Coditation Systems Private Limited this company | ₹19.96 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Pune, Maharashtra, India |
| Integral India Software Development Centre Private Limited | ₹19.95 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Bengaluru, Karnataka, India |
| Banktech Software Services Private Limited | ₹19.95 Cr (FY 2025) | •••• | •••• | 130.0% | •••• | Mumbai, Maharashtra, India |
| Venture7 Technology Private Limited | ₹19.94 Cr (FY 2025) | •••• | •••• | -28.0% | •••• | East Delhi, Delhi, India |
| Arthrex Software Engineering Private Limited | ₹19.93 Cr (FY 2025) | •••• | •••• | 76.0% | •••• | Yerawada, Maharashtra, India |
| Mirabel Technologies India Private Limited | ₹19.93 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Coditation Systems by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Coditation Systems Private Limited
Coditation Systems Private Limited is audited by GHAISAS & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GHAISAS & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors and KMP of Coditation Systems Private Limited
Coditation Systems Private Limited currently reports 3 directors and 1 key managerial person. 3 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pranjali Pankaj Deshpande | Director | 03 May 2011 | 15 Years 5 Months | Current |
| Adish Dhananjay Katkar | Director | 25 Jan 2018 | 8 Years 8 Months | Current |
| Neelima Prakash Saundankar | Director | 25 Jan 2018 | 8 Years 8 Months | Current |
| Chetan Prakash Saundankar | Ceo | 01 Oct 2022 | 4 Years 0 Months | Current |
Ownership and Shareholding of Coditation Systems Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Coditation Systems Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Mar 2025 | Hdfc Bank Limited | ₹55 Lakh | Open |
Total charge records: 1 View all charges
Deals & Funding of Coditation Systems Private Limited
Coditation Systems Private Limited has 3 deals on record (3 secondary share transfers); the latest was in October 2021.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Apr 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Full deal history
All 3 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Coditation Systems Private Limited
Coditation Systems operates one associated brand: Coditation. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Coditation provides software engineering, data integration, AI development, and cloud services. | coditation.com |
Employees and EPFO Compliance at Coditation Systems Private Limited
Coditation Systems Private Limited has a workforce of 91 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Coditation Systems Private Limited
Coditation Systems Private Limited has 7 board changes on record since 2011: 4 appointments and 3 cessations. The latest: Chetan Prakash Saundankar was appointed as CEO on 01 Oct 2022.
Credit Ratings, Litigation & Regulatory Alerts for Coditation Systems Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Coditation Systems Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Coditation Systems Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Coditation Systems Private Limited
Coditation Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCI6458F1ZG | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Coditation Systems Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Coditation Systems Private Limited
Coditation Systems is an active private limited company based in Pune, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 03 May 2011 (15+ years old) and is registered under CIN U72900PN2011PTC139406.
Coditation Systems reported revenue of ₹19.96 Cr for FY 2025 (up 9% YoY).
Coditation Systems has 4 current directors and KMP:
- Pranjali Pankaj Deshpande - Director
- Adish Dhananjay Katkar - Director
- Neelima Prakash Saundankar - Director
- Chetan Prakash Saundankar - Ceo
Coditation Systems reported a net profit of ₹2.27 Cr (net margin 11.4%) and EBITDA of ₹3.22 Cr (EBITDA margin 16.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Coditation Systems is 7% over three years and 17% over five years. In the latest year (FY 2025) revenue rose 9%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Coditation Systems is 27AACCI6458F1ZG, registered in Maharashtra.
The CIN (Corporate Identification Number) of Coditation Systems is U72900PN2011PTC139406. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Coditation Systems was incorporated on 03 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Pune.
Coditation Systems has 3 deals on record (3 secondary share transfers); the latest was in October 2021.
The peers of Coditation Systems by revenue are Kambala Solutions Private Limited, Zolon Tech Ltd, Donyati India Private Limited, Zyxware Technologies Private Limited, Infonovum Technologies Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Chetan Prakash Saundankar was appointed as CEO on 01 Oct 2022. Adish Dhananjay Katkar was appointed as Director on 25 Jan 2018. Neelima Prakash Saundankar was appointed as Director on 25 Jan 2018. Coditation Systems has 7 board changes on record in total.